Group Mediclaim Insurance Service - Contract Employees; As per tender document, Hospitalization for
Wapcos Limited
GURGAON, HARYANA
Posted:
7 July 2025
Closed:
17 July 2025
GEM
Tender Overview
Organization: Bharat Petroleum Corporation Limited (BPCL). Service: Group Mediclaim Insurance covering hospitalization for accident & emergency treatments, maternity, all pre-existing illnesses, and as per tender scope. Location: Mumbai, Maharashtra 400002. Scale/Value: No estimated value disclosed; bidder must align with BPCL empanelment rules. Key Differentiator: Mandatory BPCL registration/empanelment and Integrity Pact compliance; optional quantity/duration variation up to 25% at contract issue and post-issuance. This tender emphasizes compliant service delivery and post-award invoicing under excess settlement terms.
The opportunity targets insurers capable of BPCL’s group medical coverage, with integrated health benefits, network hospitalization, and standardized claim processing aligned to BPCL policies. Prospective bidders should ensure adherence to buyer-specific integrity and registration requirements, with readiness to adjust scope within the 25% variance and document additional charges when invoicing under excess settlement rules.
Technical Specifications & Requirements
- Product/Service Name: Group Mediclaim Insurance Service for BPCL employees and dependents in Mumbai region.
- Coverage Scope: Hospitalization for accident & emergency, maternity, and pre-existing conditions; scope “as per tender” with likely policy inclusions defined in final documents.
- Key Compliance: Mandatory BPCL registration/empanelment on the bid date; Integrity Pact signing; adherence to excess settlement mechanism allowing additional charges up to a defined percentage with supporting documents.
- Flexibility Clause: Contract quantity or duration may be adjusted by up to 25% at issue or post-issuance.
- Documentation: Scanned Integrity Pact, proof of BPCL empanelment/registration; standard bid documents as per terms.
Terms, Conditions & Eligibility
- EMD/Security: Not disclosed in tender; bidders must confirm via BPCL guidelines at bid opening.
- Registration/Empanelment: Mandatory BPCL registration/empanelment on date of bid opening. New bidders must obtain BPCL approval before bid opening per Rule 150 of GFR.
- Integrity Pact: Upload signed Integrity Pact aligned to BPCL policy with bid submission.
- Variation Clause: Up to 25% change in quantity/duration allowed at contract issuance and thereafter.
- Payment & Penalties: Not detailed in available data; contingent on BPCL standard mediclaim contract terms.
- Documentation: GST, PAN, experience certificates, financial statements likely required per standard BPCL procurement practice.
